myanmar - Real Estate

Mandalay revokes Permits for 57 Apartments over Nonpayment

The Mandalay government has revoked the permits for the sale of 57 apartments under the government affordable housing programme after those who were given the rights to buy these units failed to make payment after one year.
Date: 13 August 2018; Type: Legal News; Source: Myanmar Times

No 100 per cent Foreign Ownership in Real Estate

Foreigners will not be allowed to own 100 percent in any real estate business in Myanmar, according to a draft Real Estate Service Law, but they can be allowed to go into partnership with citizens, U Aung Tun, vice chairman of the Myanmar Real Estate Services Development Association, said.
Date: 08 August 2018; Type: Legal News; Source: Myanmar Times

Bill to regulate Real Estate Brokers open to Public

A real estate bill which includes legislation to regulate dealings between brokers and their customers was made open for public comment by the Union Parliament this month.
Date: 26 June 2018; Type: Legal News; Source: Myanmar Times

Court rules in Favour of MEC, deals a Blow to Farmer Land Rights

A Myanmar court yesterday ruled in favour of the Myanmar Economic Corporation (MEC) in a land rights case between the Tatmadaw-linked organisation and 33 farmers inhabiting land near the Thilawa Special Economic Zone (SEZ). An NGO commented that the ruling represents a blow to the land rights of farmers and is “a continuation of the long hist ...
Date: 08 May 2018; Type: Legal News; Source: Myanmar Times

Mandalay Government to seize Idle Farmland

Special teams have been formed to confiscate vacant, fallow and virgin land in seven districts of Mandalay Region on which farming still hasn’t started four years after they were approved for cultivation, said the regional government.
Date: 11 April 2018; Type: Legal News; Source: Myanmar Times

Draft YCDC Law to drive Yangon Growth submitted in Parliament

Yangon’s leaders want to upgrade and promote the city as a business hub for the country. Last week, its mayor, U Maung Maung Soe, submitted draft legislation for the governing and development of the city to the Yangon Regional Parliament.
Date: 08 February 2018; Type: Legal News; Source: Myanmar Times

Parliament warns Urban Planners to follow the Law

A legislator has asked parliament to conduct a systematic review of all urban planning projects to determine if they are following the law.
Date: 06 February 2018; Type: Legal News; Source: Myanmar Times

Construction Sector under threat from High Tax, Interest Rates

Unreasonably high tax and interest rates could lead to the collapse of Mandalay’s already ailing construction sector, U Shein Win, Vice Chair of the Myanmar Construction Entrepreneur Association (MCEA) told The Myanmar Times last Friday.
Date: 29 January 2018; Type: Legal News; Source: Myanmar Times

Yangon City Development Law under fire before Enactment

After six months of redrafting and deliberation, Yangon will lay down the latest version of the Yangon City Development Law very soon, Yangon Hluttaw bill committee chair U Thein Myint told The Myanmar Times.
Date: 19 December 2017; Type: Legal News; Source: Myanmar Times

New Condominium Rules allow More Flexibility for Foreigners

Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year.
Date: 16 December 2017; Type: Legal News; Source: Myanmar Times

Draft Condominium Bylaw to be ready in Two Months

The condominium bylaw which is currently being drafted will be enacted soon, and it will include the right for the buyers to be connected to banks and purchase with an instalment system, said U Min Htein, director general of the Department of Urban and Housing Development (DUHD) under the Ministry of Construction.
Date: 23 August 2017; Type: Legal News; Source: Myanmar Times

Speaker warns Ministry about issuing of Land-use Certificates

The Department of Agricultural Farmland Management and Statistics, which issues land-use certificates to farmers, is not following proper procedures, Pyithu Hluttaw Speaker U Win Myint warned the ministry that supervises the department.
Date: 10 August 2017; Type: Legal News; Source: Myanmar Times

Mandalay targets Rental Agreement Violations

The government will take action against rental housings residents in the western part of Mandalay who sublet or resell their units, said Mandalay Mayor Ye Lwin.
Date: 11 July 2017; Type: Legal News; Source: Myanmar Times

Land Rights Major Risk for EU-Myanmar IPA

As EU-Myanmar Investment Protection Agreement (IPA) negotiations entered the fifth round, a report released by ACT-Alliance on the potential risks and opportunities of the agreement has named Myanmar’s widespread land conflicts, land-related human rights, the need for policy space and limited institutional capacity as major obstacles to the f ...
Date: 12 May 2017; Type: Legal News; Source: Myanmar Times

Locals to protest against Land, Compensation Issues

Local residents living near the Sabeitaung and Kyesintaung copper mines of Monywa township, will launch a protest on April 26 to demand a quick resolution to the issue of confiscated lands and compensation.
Date: 24 April 2017; Type: Legal News; Source: Myanmar Times

Court for Unlicensed Rental of Properties

MANDALAY property owners have been warned that from July onwards, those who rent out their premises without a house rental business license, will be taken to court.
Date: 17 March 2017; Type: Legal News; Source: Myanmar Times

Mandalay Farmers want Lawsuits over Seized Land withdrawn

Farmers in Mandalay Region facing court cases over land seizures want the regional government to withdraw the lawsuits and return the land to them.
Date: 27 February 2017; Type: Legal News; Source: Myanmar Times

Two Laws to be amended to solve Land Disputes

To resolve disputes over confiscated lands and to streamline the process of returning them to the rightful owners, the Union government will amend two land-related laws, said Dr Aung Thu, Union Minister for Agriculture, Livestock and Irrigation.
Date: 14 February 2017; Type: Legal News; Source: Myanmar Times

Disputes delaying Return of Land in Mandalay

Ownership disputes in Pyin Oo Lwin township, Mandalay Region have been delaying the return of farmlands which were previously confiscated for government projects.
Date: 07 February 2017; Type: Legal News; Source: Myanmar Times

Consultation on Investment Rules highlights Land Issues

A public consultation on the regulations that will accompany Myanmar’s new investment law threw the spotlight onto the country’s complicated land legislation once again. But although they acknowledge the barriers that land rules present to potential investors, officials in charge of the investment law regulations say there is little the ...
Date: 30 January 2017; Type: Legal News; Source: Myanmar Times

INDUSTRY UPDATES

Appeal Court hears Case of Couple sentenced to 10 Years Imprisonment

The Appeal Court heard on Monday, the case of a couple sentenced to 10 years imprisonment for the murder of a woman in June 2016.

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Union leaders Set to Appeal

All six union leaders convicted for their roles in the 2013 Veng Sreng Boulevard protests plan to bring their case to the Appeal Court, spurred on by Prime Minister Hun Sen’s assertion that three of the six men were not involved in the violent protests.

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DSI holds Cyber Crime Seminar, proposes Cyber Security Bill

BANGKOK, Dec 18 (NNT) - Thailand's Department of Special Investigation (DSI) has organized a seminar on cyber security, while proposing a national cyber security bill.

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Min of Labor's five NY Gifts

BANGKOK, Dec 17 (NNT) - The Ministry of Labor has introduced five measures in support of employers and employees alike, calling them New Year’s gifts to the people.

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SC to decide on Bangsamoro Law's Constitutionality

MANILA, Dec 18 (PNA) - Malacañang said Tuesday it will let the Supreme Court (SC) decide on the constitutionality of the Bangsamoro Organic Law (BOL) after a group of framers of the 1987 Constitution asked the high court to declare it unconstitutional and void.

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Organizations appeal against Withdrawal of Trade Favour by the EU

In a joint statement released yesterday, businesses and trade unions appealed against the withdrawal of the European Union’s Generalised Scheme of Preferences (GSP) currently enjoyed by Myanmar.

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Laos, Luxembourg review Rule of Law and Legal Education Programmes

Government officials met with representatives of the Luxembourg government in Vientiane yesterday to review the progress of the LAO-031-Legal Teaching and Training and Promotion of the Rule of Law Concept project and make plans for the year ahead.

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Najib's Legal Team' fail to get Letter of Appointment of Lead Prosecutor

KUALA LUMPUR, Dec 18 (Bernama) - The defence team in former prime minister Datuk Seri Najib Tun Razak’s SRC International Sdn Bhd case has failed to get the letter of authorisation (fiat) on the appointment of lead prosecutor Datuk Sulaiman Abdullah after the High Court here today ruled that there was no legal requirement for the prosecution to do so.

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SMEs are ‘Engine of Economy’

The Ministry of Commerce declared on Saturday that it will solve market issues hindering the development of Cambodia’s Small- and Medium-sized Enterprises (SME). But the announcement was met with scepticism by business owners in the Kingdom.

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Land Bank, TFBL ink Deal on Loan Program for Rebel Surrenderers

MANILA, Dec 17 (PNA) - In line with the ongoing efforts to reintegrate former rebels (FRs) and their families to mainstream society, Task Force Balik-Loob (TFBL) and Land Bank of the Philippines (LBP) signed a Memorandum of Agreement (MOA) last Dec. 13 for the facilitation of loans to the former as part of the government's Enhanced Comprehensive Local Integration Program (E-CLIP).

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Prosecution to apply to Transfer Case of Businessman who offered Bribe to Tengku Adnan to High Court

KUALA LUMPUR, Dec 17 (Bernama) - The prosecution in the case of a businessman charged with giving bribe of RM1 million to former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor will file an application to transfer the case, which is at the Sessions Court, to the High Court here.

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Seminar talks Human Rights Promotion

Hanoi, Dec 14 (VNA) - The Universal Declaration of Human Rights, a milestone document in the history of human rights adopted by the United Nations General Assembly in 1948, remains relevant today, heard a seminar in Hanoi on December 14.

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International Judicial Cooperation in Criminal Asset Recovery discussed

Hanoi, Dec 13 (VNA) - International judicial cooperation in criminal asset recovery was the main topic of a workshop held in Hanoi on December 13.

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Supreme Courts of Vietnam, Laos, Cambodia bolster Cooperation

The supreme courts of Vietnam, Laos and Cambodia have agreed to strengthen bonds in the combat against criminals and the settlement of trans-border civil cases.

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Indonesia, Vietnam commemorate 63 Year of Bilateral Relations

Jakarta, Dec 16 (ANTARA News) - Indonesia and Vietnam are commemorating 63 years of bilateral relations through fashion diplomacy at the 2018 International Fashion Fair in Vietnam, as stated in a statement from the Indonesian Embassy in Hanoi received by ANTARA here Sunday.

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Complaint against New Chief Justice to be reviewed

The Yangon regional parliament will review a complaint against new Yangon Chief Justice U Hla Aye, whose nomination was confirmed on Wednesday, a regional lawmaker said.

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INDUSTRY UPDATES

Police Officer in Court to answer Charges on Unnatural Sex

KANGAR, Dec 13 (Bernama) - A senior police officer with the rank of Superintendent today was charged in the Sessions Court here for two counts of molestation and two charges of unnatural sex against two women, last year.

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INDUSTRY UPDATES

Pushing SMEs, enhancing Bank's Role, Main Goal of New SME Bank CEO

KUALA LUMPUR, Dec 16 (Bernama) - Pushing small and medium enterprises (SMEs) to strive further and to enhance SME Bank Malaysia Bhd ’s role in providing financial assistance to targeted SMEs is the main goal of its newly-appointed Chief Executive Officer Aria Putera Ismail.

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